instead to demand factors as the main force behind the strong positive comovement between output and labor input measures …

positive technology shock, and (c) measured productivity increases temporarily in response to a positive demand shock. More …Using data for the G7 countries, I estimate conditional correlations of employment and productivity, based on a …) technology shocks appear to induce a negative comovement between productivity and employment, counterbalanced by a positive …

We estimate the demand for a videocalling technology in the presence of both network effects and heterogeneity. Using a …

productivity. Agents are hit by heterogeneous productivity shocks, they observe their own productivity and a noisy public signal … regarding aggregate productivity. The shock to this public signal, or quot;news shock,quot; has the features of an aggregate … demand shock: it increases output, employment and inflation in the short run and has no effects in the long run. The dynamics …

are not. We then describe the patterns found in the data and argue that firm and market specific demand shocks help …

competition from demand shocks in export markets – and the induced product mix reallocations – induce productivity changes within … the firm. We then empirically test for this connection between the demand shocks and the productivity of multi …-product firms exporting to those destinations. We find that the effect of those demand shocks on productivity is substantial – and …

. We consider the following shocks: technological change, a demand shift, bad management, and three kinds of international … protection. Demand for import protection increases significantly in all cases, except for the “bad management” shock. Trade … shocks generate more demand for protectionism, and among trade shocks, outsourcing to a developing country elicits greater …

This paper examines the effect of technological change and other factors on the relative demand for workers with … different education levels and on the recent growth of U.S. educational wage differentials. A simple supply-demand framework is … U.S. labor market in each decade since 1940 and from 1990 to 1995. The results suggest that the relative demand for …